Leading electric two-wheeler major Ola Electric continued its recovery trajectory in May 2026, reporting registrations of 15,139 units, up from 12,323 units in April, according to VAHAN data. The increase translates into a 23% month-on-month growth, marking the company’s third consecutive month of sales recovery.
The performance comes amid a broader rebound in India’s electric two-wheeler market, with Ola Electric growing significantly faster than the industry during the month.
Growth exceeds industry pace
According to VAHAN data, electric two-wheeler industry volumes rose from around 148,000 units in April 2026 to nearly 170,000 units in May 2026, reflecting growth of about 15%.
Against this backdrop, Ola Electric’s 23% month-on-month growth outpaced the industry by a wide margin, highlighting strengthening demand for its electric scooter portfolio and improving operational execution.
Recovery gains momentum
The company attributed the sustained recovery to a combination of front-end retail restructuring and enhanced operational efficiencies.
The latest growth follows positive momentum in March and April, as Ola Electric continued to stabilize operations and improve customer engagement across its network.
Rising petrol prices and increasing consumer preference for lower operating costs have also contributed to stronger demand for electric mobility solutions, supporting the company’s sales performance.
Roadster portfolio adds traction
An Ola Electric spokesperson said the company’s registrations grew 23% month-on-month in May, significantly ahead of overall industry growth.
“Ola Electric has delivered its third consecutive month of growth, with May registrations rising 23% month-on-month and significantly outpacing industry growth. The strong demand environment, coupled with increasing traction for our Roadster portfolio, has helped us maintain the growth momentum. We remain focused on accelerating EV adoption through innovative products, technology leadership, and scale,” the spokesperson said.
EV market enters structural shift
Ola Electric said India’s electric two-wheeler market is entering a structural transition phase, driven by global energy security concerns, rising fuel costs, and growing consumer awareness of the long-term benefits of electric mobility.
As consumers increasingly seek lower ownership costs and reduced dependence on fossil fuels, electric vehicles are becoming a mainstream mobility choice.
Focus remains on scale and integration
The company continues to focus on expanding EV penetration through technology, affordability, and scale. Its strategy is supported by a vertically integrated manufacturing platform that spans vehicles, battery packs, and cell technologies.
With demand trends remaining favourable and the broader market continuing its shift towards electric mobility, Ola Electric is looking to build on its recent recovery and strengthen its position in India’s fast-growing EV ecosystem.